Car Finance

• Car Loan - The traditional car financing method remains to be the car loan. the big benefit is after you pay the loan off, you own the car free and clear. You can also make any alterations to the car you'd like, because after all you own the vehicle - unlike a lease where you return the car when the lease is up. You might also hear this financing referred to as secured car loans.

• Car Lease - A car lease remains a popular car financing option for those who want to keep their monthly payments low. It's also a good method of finance for those who like to get a new car every two to three years.

• Refinance Car Loan - You should consider a refinance car loan if you received less than favorable terms during your new car purchase. This is an especially good option if your credit has recently greatly improved and you can now qualify for a much lower rate.

After reading our guide, if you're still confused about car financing, feel free to look to CarsDirect to make sense of it all. Simply use our new car prices channel to pick the car you're interested in, submit your contact information, and then fill out a finance applications. A Vehicle Specialist will contact you and would be happy to discuss all of the car finance methods at your disposal. CarsDirect makes it easy to get an online car loan. We handle most of the paperwork, and go through multiple banks and manufacturer programs to get you the best deal.